Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF) to Issue Monthly Dividend of $0.09 on June 28th

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) declared a monthly dividend on Tuesday, March 26th, Wall Street Journal reports. Investors of record on Tuesday, June 11th will be given a dividend of 0.087 per share on Friday, June 28th. This represents a $1.04 annualized dividend and a yield of 8.97%. The ex-dividend date is Tuesday, June 11th.

Cohen & Steers Closed-End Opportunity Fund Price Performance

Cohen & Steers Closed-End Opportunity Fund stock opened at $11.64 on Thursday. The stock has a fifty day moving average of $11.35 and a two-hundred day moving average of $10.93. Cohen & Steers Closed-End Opportunity Fund has a fifty-two week low of $9.59 and a fifty-two week high of $11.75.

Insiders Place Their Bets

In related news, Portfolio Manager Jeffrey Palma purchased 4,500 shares of the company’s stock in a transaction on Tuesday, February 27th. The stock was bought at an average price of $11.11 per share, with a total value of $49,995.00. Following the completion of the transaction, the portfolio manager now owns 9,046 shares of the company’s stock, valued at approximately $100,501.06. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Institutional Investors Weigh In On Cohen & Steers Closed-End Opportunity Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in FOF. KB Financial Partners LLC acquired a new position in Cohen & Steers Closed-End Opportunity Fund in the first quarter valued at $35,000. B. Riley Wealth Advisors Inc. acquired a new position in Cohen & Steers Closed-End Opportunity Fund in the third quarter valued at $105,000. Ancora Advisors LLC boosted its holdings in Cohen & Steers Closed-End Opportunity Fund by 876.0% in the first quarter. Ancora Advisors LLC now owns 9,760 shares of the company’s stock valued at $130,000 after acquiring an additional 8,760 shares during the last quarter. SFI Advisors LLC boosted its holdings in Cohen & Steers Closed-End Opportunity Fund by 14.1% in the first quarter. SFI Advisors LLC now owns 12,084 shares of the company’s stock valued at $132,000 after acquiring an additional 1,496 shares during the last quarter. Finally, Bank of Montreal Can acquired a new position in Cohen & Steers Closed-End Opportunity Fund in the second quarter valued at $160,000.

About Cohen & Steers Closed-End Opportunity Fund

Cohen & Steers Closed-End Opportunity Fund, Inc is a close-ended fund of funds launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in funds investing in public equity markets. It also invests in funds investing in convertible securities, preferred securities, high yield securities and real estate, energy, utility, and other equity or income-oriented strategies.